Clearside Biomedical(CLSD)

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Clearside Biomedical Announces Fourth Quarter and Full Year 2024 Financial Results and Provides Corporate Update
GlobeNewswire· 2025-03-27 20:05
Core Insights - Clearside Biomedical, Inc. has successfully completed an End-of-Phase 2 meeting with the FDA, aligning on Phase 3 plans for CLS-AX in the treatment of wet AMD [1][3] - The company’s Asia-Pacific partner, Arctic Vision, has had its New Drug Application for ARCATUS accepted for regulatory review in China [1][3] - Multiple presentations at medical meetings have highlighted the advantages of Clearside's suprachoroidal drug delivery system [1][8] Recent Developments - The FDA meeting confirmed key elements of the Phase 3 program for CLS-AX, including trial design and endpoints, based on positive Phase 2b results [3] - Arctic Vision's NDA for ARCATUS has been accepted in China, with previous approvals in Australia and Singapore [3] - Clearside's partners are advancing their suprachoroidal drug candidates into Phase 3 trials, including REGENXBIO and Aura Biosciences [3] Financial Performance - For Q4 2024, Clearside reported license and other revenue of $0.3 million, down from $6.3 million in Q4 2023 [4][5] - R&D expenses for Q4 2024 were $4.2 million, a decrease from $6.3 million in Q4 2023, attributed to lower clinical trial costs [4][5] - The net loss for Q4 2024 was $7.3 million, compared to a net loss of $4.8 million in Q4 2023 [4][5] Company Overview - Clearside Biomedical is focused on revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space, utilizing its patented SCS Microinjector [9] - The company is developing a pipeline of small molecule candidates, with its lead program, CLS-AX, targeting wet AMD [9] - Clearside has also developed XIPERE, which is commercially available in the U.S. through a partner [9]
Clearside Biomedical Announces Six Abstracts Accepted for Presentation at Association for Research in Vision and Ophthalmology (ARVO) 2025 Meeting
GlobeNewswire· 2025-03-24 11:05
Core Insights - Clearside Biomedical is advancing suprachoroidal drug delivery as a transformative method for treating macular diseases, with six abstracts accepted for presentation at the ARVO 2025 Meeting [1][2] Company Developments - The company’s proprietary formulation, CLS-AX, a suspension of axitinib, shows potential as a long-acting therapy for wet age-related macular degeneration (AMD), demonstrating durability and safety in clinical trials [2][5] - The SCS Microinjector allows for targeted delivery of therapeutics directly to the retina, enhancing the precision and applicability of treatments [1][6] - Clearside is planning a Phase 3 program for CLS-AX and is also evaluating other small molecules for treating geographic atrophy [7] Research and Presentations - Six abstracts related to the suprachoroidal drug delivery platform will be presented at the ARVO 2025 Meeting, covering topics such as the efficacy of CLS-AX and advancements in training models and segmentation algorithms [1][3][4] - Notable presentations include top-line results from the ODYSSEY Phase 2b study and a literature review on the evolving role of suprachoroidal drug delivery [3][4] Technology and Innovation - The SCS injection platform provides unprecedented access to the back of the eye, allowing for a non-surgical procedure that could improve patient outcomes [6][7] - The SCS Microinjector is designed with custom features to optimize drug administration, potentially reducing toxic effects on non-diseased cells [6]
Clearside Biomedical's Lead Clinical Program CLS-AX in Wet AMD and Suprachoroidal Delivery Platform Highlighted at the 2025 Wet AMD & Diabetic Eye Disease Summit
Newsfilter· 2025-03-20 11:05
Core Insights - Clearside Biomedical is advancing its lead clinical program, CLS-AX, for the treatment of neovascular age-related macular degeneration (wet AMD) through its unique suprachoroidal delivery platform [2][10] - The company emphasizes the need for more sustainable and less frequent treatment options for wet AMD, highlighting the potential benefits of its innovative delivery method [3][4] Group 1: Clinical Program and Technology - CLS-AX is a proprietary injectable suspension of axitinib, a tyrosine kinase inhibitor (TKI), designed for suprachoroidal injection, which may offer advantages over existing therapies by achieving pan-VEGF blockade [7][8] - Recent clinical trials have shown that CLS-AX is well tolerated and has a positive safety profile, with the potential for prolonged duration and targeted delivery to affected tissue layers [8][9] - The suprachoroidal injection method could reduce the risk of complications such as endophthalmitis and cataract, which are associated with traditional intravitreal therapies [4][5] Group 2: Regulatory and Market Context - The wet AMD market is significant, valued at over $12 billion, and the company is preparing for a Phase 3 clinical trial following successful discussions with the FDA [5][10] - Clearside's regulatory strategies are informed by recent FDA guidance, which will shape the development of CLS-AX and its positioning in the market [5][6] - The company aims to transform treatment options for retinal diseases through its patented SCS Microinjector, which allows for targeted and compartmentalized drug delivery [9][10]
Clearside Biomedical’s Lead Clinical Program CLS-AX in Wet AMD and Suprachoroidal Delivery Platform Highlighted at the 2025 Wet AMD & Diabetic Eye Disease Summit
GlobeNewswire· 2025-03-20 11:05
Core Insights - Clearside Biomedical is advancing its lead clinical program, CLS-AX, for the treatment of neovascular age-related macular degeneration (wet AMD) through its innovative suprachoroidal delivery platform [1][6][9] - The company emphasizes the need for more sustainable and less frequent treatment options for wet AMD, highlighting the potential benefits of its suprachoroidal injection method [2][3] Group 1: Clinical Program and Technology - CLS-AX is a proprietary injectable suspension of axitinib, a tyrosine kinase inhibitor (TKI), designed for suprachoroidal injection, which may offer advantages over existing therapies by achieving pan-VEGF blockade [6][7] - Recent clinical trials have shown that CLS-AX is well tolerated and has a positive safety profile, with the potential for prolonged duration and targeted delivery to affected tissues [7][8] - The company is planning a Phase 3 trial for CLS-AX following a successful End-of-Phase 2 meeting with the FDA, indicating a strong regulatory strategy [3][4] Group 2: Market Context and Regulatory Strategy - The wet AMD market is significant, valued at over $12 billion, and there is a growing demand for innovative treatment options that can reduce the treatment burden on patients [4][9] - Clearside's presentations at the 2025 Wet AMD & Diabetic Eye Disease Summit highlighted the limitations of current anti-VEGF therapies and the potential of suprachoroidal delivery to transform treatment [2][3] - The company is actively engaging with the FDA to navigate the regulatory landscape for wet AMD therapies, which will inform its clinical development plans [4][9]
Clearside Biomedical to Report Fourth Quarter and Full Year 2024 Financial Results and Provide Corporate Update on Thursday, March 27, 2025
GlobeNewswire· 2025-03-12 11:05
Core Viewpoint - Clearside Biomedical, Inc. is set to report its fourth quarter and full year 2024 financial results on March 27, 2025, followed by a conference call to discuss the results and provide a corporate update [1]. Company Overview - Clearside Biomedical, Inc. is a biopharmaceutical company focused on innovative delivery of therapies to the back of the eye through the suprachoroidal space (SCS) [3]. - The company utilizes its patented SCS Microinjector for a non-surgical procedure aimed at delivering various therapies to the macula, retina, or choroid, potentially improving vision in patients with serious eye diseases [3]. - Clearside is developing a pipeline of small molecule product candidates for administration via its SCS Microinjector, with its lead program, CLS-AX, in development for treating neovascular age-related macular degeneration (wet AMD) [3]. - The company has gained approval for its first product, XIPERE, which is available in the U.S. through a commercial partner [3]. - Clearside also partners strategically with other companies to utilize its SCS injection platform alongside other ophthalmic therapeutic innovations [3].
Clearside Biomedical Announces Successful End-of-Phase 2 Meeting with the FDA and Alignment on Phase 3 Plans for Suprachoroidal CLS-AX in Wet AMD
GlobeNewswire· 2025-03-06 12:05
Core Insights - Clearside Biomedical has received positive feedback from the FDA regarding its CLS-AX program for treating wet AMD, indicating a promising path forward for the Phase 3 trials [2][4] - CLS-AX aims to differentiate itself in the $12+ billion wet AMD market through flexible dosing and extended duration compared to existing therapies [2][4] Company Overview - Clearside Biomedical is focused on revolutionizing therapy delivery to the back of the eye using its proprietary suprachoroidal space (SCS) injection platform [7] - The company is developing CLS-AX, an injectable suspension of axitinib, which is a tyrosine kinase inhibitor that targets VEGF receptors to potentially improve treatment outcomes for retinal diseases [4][7] CLS-AX Phase 3 Program - The proposed Phase 3 program includes two pivotal non-inferiority trials with a primary endpoint of average change in best corrected visual acuity (BCVA) at Week 52 [5] - Each trial will involve approximately 225 participants per arm, comparing CLS-AX (1 mg) to aflibercept (2 mg), focusing on treatment-naïve participants to expedite recruitment [5] - The trials are designed to support a flexible maintenance dosing label for CLS-AX, allowing for administration every 3 to 6 months based on physician assessments [2][5] Clinical Development and Safety - CLS-AX has demonstrated a positive safety profile and re-dosing capability in previous clinical trials, indicating its potential as a compelling alternative in the wet AMD market [2][4] - The company plans to conduct a one-year safety follow-up period to meet registration requirements, ensuring comprehensive safety data is available [5] SCS Injection Platform - Clearside's SCS injection platform allows for targeted delivery of therapies to the back of the eye, potentially improving efficacy and reducing toxic effects on non-diseased cells [6][7] - The SCS Microinjector is designed for precise administration of various drug candidates, enhancing the treatment of sight-threatening diseases [6][7]
Clearside Biomedical's Asia-Pacific Partner, Arctic Vision, Announced Acceptance of its New Drug Application for ARCATUS® for Regulatory Review in China for the Treatment of Uveitic Macular Edema
GlobeNewswire News Room· 2025-02-20 12:05
Core Viewpoint - Clearside Biomedical's partner, Arctic Vision, has had its New Drug Application for ARCATUS® accepted for review in China, supported by positive Phase 3 clinical trial results for treating uveitic macular edema [1][2][3] Company Overview - Clearside Biomedical is a biopharmaceutical company focused on innovative delivery of therapies to the back of the eye through the suprachoroidal space (SCS®) [1][8] - The company has developed a proprietary SCS Microinjector® that allows for targeted delivery of medications, potentially improving efficacy and reducing toxicity [4][8] Product Information - ARCATUS® (known as XIPERE® in the U.S.) is the first approved suprachoroidal therapy for uveitic macular edema, already approved in the U.S., Australia, and Singapore [2][5] - XIPERE® is a triamcinolone acetonide injectable suspension designed for suprachoroidal use, currently available in the U.S. through Bausch + Lomb [5][8] Market Potential - The Chinese uveitis market is significant, with several million patients affected, indicating a large potential customer base for ARCATUS® [3] - The global uveitis treatment market is projected to grow from approximately $2.3 billion in 2023 to $4.5 billion by 2032, highlighting the increasing demand for effective treatments [6][7] Collaboration and Development - Arctic Vision holds exclusive rights for the commercialization and development of XIPERE® in Greater China and other regions, and is collaborating with Santen Pharmaceutical for further development [3][5] - The company is also exploring the use of ARVN001 for other ocular retinal diseases, including diabetic macular edema [3]
Clearside Biomedical's Asia-Pacific Partner, Arctic Vision, Announced Acceptance of its New Drug Application for ARCATUS® for Regulatory Review in China for the Treatment of Uveitic Macular Edema
Newsfilter· 2025-02-20 12:05
ALPHARETTA, Ga., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Clearside Biomedical, Inc. (NASDAQ:CLSD) ("Clearside" or the "Company"), a biopharmaceutical company revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space (SCS®), reported that Arctic Vision's New Drug Application (NDA) for ARCATUS® for the treatment of uveitic macular edema (UME) has been formally accepted for review by the Center for Drug Evaluation of China National Medical Products Administration. The NDA subm ...
Clearside Biomedical Announces Additional Data from the CLS-AX ODYSSEY Phase 2b Trial Presented at the Angiogenesis, Exudation, and Degeneration 2025 Meeting
GlobeNewswire· 2025-02-10 12:05
- BCVA and CST Data from Sub-Group Analyses Provide Key Insights for Planned CLS-AX Phase 3 Trial Design -ALPHARETTA, Ga., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Clearside Biomedical, Inc. (Nasdaq: CLSD) (“Clearside” or the “Company”), a biopharmaceutical company revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space (SCS®), announced today that two subgroup analyses were presented from the ODYSSEY Phase 2b clinical trial at the Angiogenesis, Exudation, and Degeneration ...
Clearside Biomedical to Participate in Fireside Chat at the Oppenheimer 35th Annual Healthcare Life Sciences Virtual Conference
GlobeNewswire· 2025-02-04 12:05
ALPHARETTA, Ga., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Clearside Biomedical, Inc. (Nasdaq: CLSD), a biopharmaceutical company revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space (SCS®), announced today George Lasezkay, PharmD, JD, President and Chief Executive Officer, and Victor Chong, MD, MBA, Chief Medical Officer and EVP, Head of Research and Development, will participate in a Fireside Chat at the Oppenheimer 35th Annual Healthcare Life Sciences Virtual Conferen ...